Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Excuse Me, But How Much is that in Real Money?
Bali Hotels, Bali Villas and Bali News from
Bali Hotels
Bali Villas
Special Deals!
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Bali Update
Subscribe to our free weekly newsletter!
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
Bali Contact
Bali Discovery Tours
Jln. By Pass Ida Bagus Mantra,
Jln. Pucuk 1 No. 70X
Denpasar, Bali

+62 (0)812 3819724
+62 (0)361 464 032, +62 (0)361 471 0242

Bali Discovery

Bali News

Excuse Me, But How Much is that in Real Money?

Bali by the Numbers: Analyzes the Real Costs of a Bali Holiday.

Bali News:
Click Image to Enlarge


Bali Hotels traditionally review their budgets and current occupancy levels before determining how much to increase their rates for the coming year. However, recent global economic events suggest that hoteliers may also need to consider movements in source country exchanges rates against the U.S. Dollar in order to truly understand the impact of price increases and follow-on effect on the market mix of the customers who patronize their properties.

The Role of the U.S. Dollar

Due to specific peculiarities of the Indonesian banking system almost all hotels in Indonesia price and contract their rooms in U.S. dollars. As a result, the ability of tourists from key source markets to afford a Bali holiday is directly linked to both the price of accommodation but also the value of that tourist's home currency against the U.S. dollar.

To illustrate this point, presents a table showing the "actual" cost increase in a US$100 hotel room in Bali from October 2007 to October 2008, factoring in both an assumed 25% increase in room tariff and shifts in home currency exchange rates against the U.S. dollar.

Here's what we discovered:

Australia - The Australian dollar has devalued 28.73% over the past year from October 2007 to October 2008. In fact, if measured against July 15th when the value of the Australian dollar peaked (0.98 AUS$ to US$1.00) the devaluation equals 41.17%.

In practical terms, this means that an Australian who paid AU$111.89 for a US$100 room in October 2007 is now paying 60.91% more or AU$180.05 for that same room. If compared to July 2008 to October 2008 Ė a span of only 3 months, that Australian traveler will have experienced a 76.46% increase in accommodation costs.

Japan - The assumed 25% increase in hotel rates by Bali hotels has been softened by a 12.94% appreciation in the Yen over the past 12 months. Thus, Japanese tourists will only pay 8.83% more for their hotel room in October 2008.

Taiwan - The Taiwanese dollar has remained stabile against the US$, meaning assumed rates have increased 25%.

South Korea - Over the course of the past twelve months the Won has devalued 31.20% making the assumed 25% hike in the U.S. dollar charge for a room result in an actual increase in cost of 64.01% for those poying in Won.

Euro - The Euro, too, has devalued against the US dollar, but only by 5.59%. Thus, a 25% hike in room rates means that European visitors are now paying 31.98% more for their room.

Indonesia - Because the Indonesia domestic visitor is also invariably paying a rate somehow linked to the U.S. dollar, it's worth to noting that the Rupiah has devalued 8.88% over the past year, meaning a 25% increase in room rate will translate into a 36.10% cost increase for Rupiah earners.

On the plus side, however, foreign visitors using dollar-tied currencies will theoretically get an 8.8 % bonus on the Rupiahs they purchase from banks and money changers to purchase local goods, meals and refreshments.

Bali by the Numbers

click image to enlarge

© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to


Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!

Our [Privacy Statement] explains how we handle the data you are providing.

Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!

or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
The Celebration Continues
Join Friends of Jack and Bali Update Dinner at DíRoemah by Lonny on Saturday, March 24, 2018
Baliís Jungle Park Now Ranked Among the Best
West Bali National Park Named Among Top Destinations at ITB-Berlin
6 Men Wielding Knives, Playing with Fire
Bali's Top 6 Chefs Cook Collaboratively on Friday, April 13, 2018 at Ubud Food Festival
Planning a Landing in North Bali
Bali Governor Pledges to Challenge Jakartaís Rejection of New Airport for North Bali
Meet Us at the Fair!
5th Bali and Byond Travel Fair June 26-30, 2018
Tongue Tied in Balinese
Bale Banjar Culture Club Lecture on April 8th Explores the Complexities of Trying to Speak Balinese
Free Market Competition Takes a Back Seat in South Bali
Bualu Compels Hotels at Nusa Dua to Agree to Block Online Transportation. But is this Legal?
Donít Fence the Balinese In!
Voters Demand More Park Space and Beach Access from Gubernatorial Candidate
A Land to Remember
Art Exhibition by I Putu Bonuz Sudiana at Griya Santrian Art Gallery Through 29 April 2018
5-Days of Fun on Baliís Sanur Beach
Sanur Village Festival Returns to Bali August 22-26, 2018
Trip Advisor: Bali is the Best
Bali Named Best Destination in 2018 Readersí Choice Awards
Death Takes No Holiday
80-Year-Old Australian Man Dies of Natural Causes in Kuta Hotel
All [News]!